Today we are excited to announce a major milestone for Australian exchanges. Cointree has secured significant strategic investment from Silicon-Valley-based data analytics company, Indica Labs Inc.
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The largest cryptocurrency by market cap has retreated into a narrow price channel after last week’s run to $13,600 AUD, and now finds itself flirting with the low $13,000 region.
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We are excited to announce that we are working with the team at CryptoTaxCalculator, to ensure tax time is a breeze for our members. As an Australian company, the team at CryptoTaxCalculator understand the unique tax preperation requirements of the ATO for cryptocurrency assets.
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The largest cryptocurrency by market cap has retreated into a narrow price channel after last week’s run to $13,600 AUD, and now finds itself flirting with the low $13,000 region.
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In the past 7 days, indecisive price action saw the largest crypto by market cap breakdown from the important $13,000 level, twice. In both instances, buyers stepped in and forced bitcoin back up to what has become a strong area of contention.
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If you’ve recently started trading in cryptocurrencies, then you might not have even thought about how it will affect your tax obligations. With the Australian Tax Office (ATO) commenting earlier
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At the time of writing, the largest crypto by market cap sits at $13,333 AUD after falling through a strong support level at the beginning of the week.
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At the time of writing, bitcoin sits at $13,916 AUD after an exciting up-thrust to $14,000 AUD. The positive move topped off a week where bitcoin appears to be grinding higher.
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In the week that was, bitcoin sits at $13,713 AUD after a breakdown from the key $14,000 level. The choppy indecisive price movements we saw in the week previous, finally gave way to a nearly 8% drop into May lows, where some major moving averages are giving buyers reason to be aggressive.
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Chop, chop, and more chop. The largest cryptocurrency by market cap has spent the week testing a shrinking range with no clear breakaway. At the time of writing, bitcoin is trading at $14,099 on the AUD charts.
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What a week in bitcoin! In the space of 7-days, the largest crypto by market cap rose 17% in a blistering $2,200 AUD rally from the lows. In parallel to $10,000 USD being reclaimed, bitcoin reached a high of $15,400 on the AUD charts.
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